Aggregated news from Birmingham's leading news sources.
BBVA Compass posts $107M profit for 2Q
BBVA Compass Bancshares Inc. saw its second-quarter earnings dip 16.5 percent from the previous year.
The Houston-based bank holding company for Birmingham’s BBVA Compass reported $107.1 million in net income attributable to shareholders for the second quarter, compared to $128.2 million during the second quarter of 2013.
The bank noted that the results for the second quarter of 2013 was a $23 million gain on the prepayment of Federal Home Loan Bank advances and other borrowings.
Birmingham Business Journal at Wednesday, July 30, 2014 2:31:00 PM
Survey: Alabama small businesses hired more in July.
Alabama saw a marginal growth in jobs this July, with many of them in small businesses, according to a study by Intuit.
Small businesses in Alabama saw a 0.7 percent bump in employment in July across a data sample of 237,000 businesses, according to Intuit's Small Business Indexes, a report that follows revenue and employment trends each month with a focus on businesses with fewer than 20 employees.
In July, hourly small business employees also saw a decrease in monthly compensation by ...Birmingham Business Journal at Wednesday, July 30, 2014 1:59:00 PM
How the courts' dueling ACA decisions will affect small biz
Last week, two separate appeals courts issued different rulings on the Halbig v. Burwell case, which debated if Obamacare subsidies should be available on federal exchanges.
In a big hit to the Affordable Care Act, the U.S. Court of Appeals for the District of Columbia ruled 2-1 that the ACA authorized subsidies only on exchanges operated by states, a program that 36 states opted out of.
But a few hours later, the 4th Circuit Court of Appeals in Virginia issued a 3-0 ruling that the refu...Birmingham Business Journal at Wednesday, July 30, 2014 1:31:00 PM
Garry Gause leaves Brookwood, becomes CEO of Tenet Health's Southern Region
Brookwood Medical Center CEO Gary Gause has been appointed to run the Southern Region of Tenet Healhcare Corp. He will oversee 10 geographically dispersed acute care hospitals, one critical access hospital, and 34 outpatient centers.
Tenet's Southern Region includes hospitals and other operations in Alabama, Georgia, North Carolina and South Carolina.
"Garry is an accomplished healthcare executive who has demonstrated expertise and success in hospital and multi-facility operations manage...Birmingham Business Journal at Wednesday, July 30, 2014 1:10:00 PM
Energen's McManus named to Questar board of directors
Energen Corp. CEO, president and chairman James T. McManus has been appointed to the board of directors for Questar Corp.
The Salt Lake City-based integrated natural gas company chose McManus as a director this week, and he will begin his service on October 1, according to a press release issued by Questar.
McManus has been with Birmingham's Energen since 1986, serving in numerous senior-level positions.
“We're fortunate to add James to our board,” said Questar Chairman and CEO Ron J...Birmingham Business Journal at Wednesday, July 30, 2014 1:08:00 PM
Braves release rendering of new stadium and community
The Atlanta Braves have released new renderings to give fans, and possible residents, an idea of what the new state-of-the-art facility and adjoining community will look like.
Birmingham contractor Brasfield & Gorrie will be responsible for the construction of the new 41,500 seat baseball stadium that will also feature around 500 residences among other amenities and shops on the surrounding property. As we reported earlier this month, Cobb County has already agreed to pay its share of the...Birmingham Business Journal at Wednesday, July 30, 2014 11:36:00 AM
Why Japanese companies are so interested in Alabama
Kazuo Sunaga may be relatively new to the office of Consul General in Atlanta, but that has not stopped him from jumping into data and polishing relationships with business leaders both locally and in Japan.
One thing he has noticed? Japan is very interested in doing business with Alabama.
“I don’t like to compare the five states I cover,” Sunaga said, “But all in all, Alabama has the most investment money-wise, even if places like Georgia have more companies.”
There were 144 Japanese...Birmingham Business Journal at Wednesday, July 30, 2014 11:13:00 AM
Developers plan 1,400 new homes in St. Clair County
A Birmingham company has purchased land to build a massive 1,400-home residential development in St. Clair County.
Birmingham-Wesley Chapel Investments LLC, founded by SunBelt Land Management's William Gary Allen, has purchased 350 building lots in the Brookhaven subdivision and a 550-acre adjacent parcel in the Richfield subdivision from Bobby R. Smith Jr.'s Four Star Holdings, a press release from the developer said. The cost of the purchase was not disclosed.
Allen's company will work...Birmingham Business Journal at Wednesday, July 30, 2014 10:55:00 AM
Birmingham lagging behind other metros in multifamily
Much has been made about downtown’s apartment boon in the last year.
Millions of dollars are committed to approximately 3,500 units near the urban core, but the Birmingham region, as a whole, is starved for the product.
“We have, compared nationally, a very low apartment stock,” said David Oakley, president of Berkadia Real Estate Advisors. “If you go study other cities, you’re going to find that for a 1.3 million population, there are well over 100,000 units.”
Rock Apartment Advisors...Birmingham Business Journal at Wednesday, July 30, 2014 9:55:00 AM
What does the 2016 DNC require of host cities?
Birmingham is pushing forward in its bid to host the 2016 Democratic National Convention.
During the weekly city council meeting this week, Birmingham pledged the $5 million deposit required by the DNC if selected as the host city, and the city will spend an additional $250,000 on consultants to help its bid.
If selected, the city will need to raise a considerable amount of money for upgrades. Some reports have the total cost, originating from public and private money, at $79 million.
...Birmingham Business Journal at Wednesday, July 30, 2014 9:47:00 AM
Big win for unions: NLRB decides McDonald's is a 'joint employer' with franchises
Union efforts to organize fast-food workers got a boost when the National Labor Relations Board informed McDonald’s that it considers the company to be a joint employer of the workers at its franchisees’ restaurants.
The opinion came from the NLRB’s general counsel, not the board itself, and McDonald’s told Associated Press that it plans to contest this determination. The company contends it has no role in the employment practices of its franchisees, which are independently owned businesses...Birmingham Business Journal at Wednesday, July 30, 2014 7:58:00 AM
Mercedes makes its 2 millionth vehicle at Tuscaloosa plant
Mercedes-Benz U.S. International Inc. produced its 2 millionth vehicle at the Tuscaloosa plant Tuesday.
The Polar White ML 350 BlueTec is headed for an internal customer in Germany, Mercedes said in a press release.
Mercedes began making SUVs at its Alabama plant in 1997 and hit the 1 million vehicle mark in 2007.
The plant will start making a fifth vehicle – a C-class sedan– in 2015.
“Demand for our vehicles continues to be strong, especially for our SUVs and particularly the M-Cl...Birmingham Business Journal at Wednesday, July 30, 2014 7:40:00 AM
Why Uber switched gears on Birmingham's taxi regulations
The road to ridesharing service Uber setting up shop in Birmingham hit another roadblock Tuesday, just hours after it appeared the company and the city had reached a compromise.
After initially praising a revised transportation ordinance approved by the Birmingham City Council, an Uber spokesperson retracted the company's previous support of the changes and said the regulations, as they currently stand, will force it from operating in the city.
Uber Spokesperson Taylor Bennett said the...Birmingham Business Journal at Tuesday, July 29, 2014 5:36:00 PM
Should the U.S. legalize marijuana? (Video)
Should the U.S. legalize marijuana? (Video)
...Birmingham Business Journal at Tuesday, July 29, 2014 3:47:00 PM
Judge: Mercedes unintentionally violated workers' rights
Mercedes Benz United States International did not willfully violate workers' rights during United Auto Workers' last attempt at forming a union at the Tuscaloosa County plant.
A National Labor Relations Board judge did rule, however, loose wording in the company's handbook had the unintended consequence of violating the rights of workers attempting to form a union.
No fines were levied in the case.
Al.com is reporting that Keltner W. Locke, an NLR judge ruled in a 27-page order the so...Birmingham Business Journal at Tuesday, July 29, 2014 2:57:00 PM
More than 40 percent of Bham adults have debt in collections
Adults in Birmingham with credit histories have a higher amount of debt in collections than most in the U.S., a new report from the Urban Institute shows.
The nonprofit organization used 2013 credit bureau data from TransUnion to measure delinquent debt across the nation. Debt in collections involves a non-mortgage bill, such as a credit card balance, medical or utility bill, child support, membership fees or even a unpaid parking ticket, that is more than 180 days past due and has been pla...Birmingham Business Journal at Tuesday, July 29, 2014 2:30:00 PM
In pictures: Birmingham's apartment boom
Having trouble keeping track of all of Birmingham's apartment projects? This gallery will give you a recap of what's coming.
...Birmingham Business Journal at Tuesday, July 29, 2014 2:10:00 PM
In pictures: Birmingham's apartment boom
Having trouble keeping track of all of Birmingham's apartment projects? This gallery will give you a recap of what's coming.
...Birmingham Business Journal at Tuesday, July 29, 2014 2:10:00 PM
Starbucks to open Gardendale location
Starbucks will be brewing coffee in Gardendale.
The Gardendale City Council confirmed in its meeting this week that the chain has agreed to open a free-standing building at the future Publix shopping center, which is now under construction.
A report by Al.com said the building will have a drive thru and will join T.J. Maxx at the development.
The report said Preferred Growth Properties, the developer of the shopping center will invest $20 million in the community of Gardendale through...Birmingham Business Journal at Tuesday, July 29, 2014 12:24:00 PM
Southwest sees largest passenger decrease of 2014
All but two major airlines flying out of Birmingham-Shuttlesworth International Airport saw increases in passengers in the first half of 2014.
Southwest Airlines Co., which has been cutting flights out of BHM, took the biggest hit with a 19.5 percent decline.
It carried 435,126 passengers though the first half of 2014, which was down from 540,492 a year ago. The airline lost nearly as many passengers as American Airlines, 115,820, carried in through the first six months of the year.
...Birmingham Business Journal at Tuesday, July 29, 2014 12:08:00 PM
Regions named a digital banking experience leader
Regions Bank is keeping up with the giant banks in terms of satisfying its customers’ digital banking needs, according to Javelin Strategy & Research’s semiannual benchmarking study.
The report named the Birmingham-based bank as one of two regional providers that scored top customer-satisfaction positions alongside digital banking experience leaders: Bank of America, Chase, Citibank and Wells Fargo.
The report, which was based on a survey of more than 8,300 U.S. retail bank customers int...Birmingham Business Journal at Tuesday, July 29, 2014 12:01:00 PM
Wasabi Juan's opens in Avondale
Avondale's Sushi-Mex restaurant is open for business.
Barby and Luis Toro, along with chef Kelly Viall are now serving sushi tacos at Wasabi Juan's.
Located at 4120 Third Ave. S., Wasabi Juan's has enjoyed success since the doors opened last week.
“We've been very blessed so far,” Barby Toro, a co-owner of the restaurant, said. “Kelly did the Birmingham sushi classes. She had a network of people that love her and follow her.”
The Toro's met Viall five years ago when she was making ...Birmingham Business Journal at Tuesday, July 29, 2014 11:44:00 AM
City council passes ridesharing regs that Uber opposed
The Birmingham City Council voted unanimously to revise its transportation ordinances to allow ridesharing services like Uber to operate in Birmingham. That's the good news for fans of the popular, but controversial service.
The bad news? Uber has previously said it was not satisfied with those revisions and that, if passed, it would likely give up on its efforts to come to Birmingham.
City Councilwoman Kim Rafferty said that the council's decision puts the ball in Uber's court. One of ...Birmingham Business Journal at Tuesday, July 29, 2014 11:25:00 AM
Multifamily rents on the rise
Birmingham's multifamily market is getting healthier.
Overall rent rose 3.6 percent over the last year, according to the latest data from Rock Apartment Advisors.
Rent in the city center is still highest among the submarkets.
The 2014 mid-year Rock Report, which will be released later this summer, shows rent increased 1.3 percent from 2013 to an effective rent of $948.
The supply of units downtown is significantly lower than other submarkets, still at less than 1,000, with some cur...Birmingham Business Journal at Tuesday, July 29, 2014 10:30:00 AM
Two Maids & A Mop inks deal with former Alabama QB
Two Maids & A Mop is teaming up with former Alabama quarterback Jay Barker to boost its growth plans.
The Birmingham-based residential cleaning company has enlisted the former star athletes, who also co-hosts the Opening Drive on Jox 94.5 FM and is an entrepreneur, as it seeks to grow its franchise operations.
As part of the deal, Two Maids & A Mop will have promotional rights to use Barker’s name, image and likeness for its marketing materials and promotional events in the company’s exp...Birmingham Business Journal at Tuesday, July 29, 2014 10:19:00 AM
Birmingham’s and other Alabama cities’ recovery from the recession slow, study shows
Birmingham came in near the middle of WalletHub’s Most & Least Recession-Recovered Cities list. But the Magic City fared better than two other major Alabama cities.
To evaluate the progress of local cities in propelling their economic growth, WalletHub compared the 150 largest U.S. cities to identify those that have experienced the most and least improvement since the recession. The personal finance social network used 18 key metrics — from the inflow of college-educated workers and number...Birmingham Business Journal at Tuesday, July 29, 2014 8:58:00 AM
Dick's Sporting Goods, Fresh Market, DSW Shoes coming to $62M Tuscaloosa development
Several major retailers announced plans to come to Tuscaloosa’s $62 million Shoppes at Legacy Park project.
Dick's Sporting Goods, Fresh Market, PetSmart and DSW Shoes will be part of the 250,000-square-foot shopping center being built by Alumni Development & Construction LLC of Clanton, the Tuscaloosa News is reporting.
Bed Bath & Beyond and Cost Plus World Market previously announced plans to join the development at the corner of McFarland Boulevard and 13th Street.
Construction is ...Birmingham Business Journal at Tuesday, July 29, 2014 7:53:00 AM
Two Birmingham restaurant dishes named South's Best Cheap Eats Under $10
Two Birmingham restaurants had dishes that were named “the South's 50 best budget bites” by Southern Living.
Big Bad Breakfast and Little Donkey made The South's Best Cheap Eats Under $10 list, with Auburn’s Acre being the only other Alabama restaurant on the “Off the Eaten Path” blog’s list.
Big Bad Breakfast made the list for its $8.50 “plate” that has eggs, bacon or sausage, grits or home fries, gravy (we're partial to the tomato version), and toast or a biscuit. Owner John Currence… ...Birmingham Business Journal at Tuesday, July 29, 2014 7:43:00 AM
Alabama's seniors saved $180M in prescription drugs under Affordable Care Act
Alabama's seniors have saved $180 million in four years on prescription drugs thanks to the Affordable Care Act, according to a report released today by the Department of Health and Human Services.
Alabama’s share is part of a nationwide savings of $11.5 billion, AL.com reports.
The savings for seniors come from federal coverage of what was previously not covered for prescriptions under Medicare Part D.
Nationally, more than 8.2 million seniors and people with disabilities with Medica...Birmingham Business Journal at Tuesday, July 29, 2014 7:21:00 AM
Summer spending in the doldrums
Summer may be the time to loosen your collar, but Americans aren’t loosening their wallets to any great extent.
According to a recent Gallup survey, 83 percent of consumers surveyed said that in the past four weeks they purchased generic or store brand goods while 55 percent said they are following a strict budget.
About 40 percent said they purchased used goods to save money, according to the poll.
According to Gallup, consumers are spending more on household essentials but report h...Birmingham Business Journal at Tuesday, July 29, 2014 7:03:00 AM
Pending home sales drag in the South
The residential housing market is getting mixed signals these days.
While some sectors of the market are improving, others continue to lag behind, making for a choppy recovery.
Pending home sales for the nation fell in June by 1.1 percent, a ccording to the National Association of Realtors. Pending home sales are also 7.3 percent lower than June 2013.
And the South is one of the hardest hit regions for housing.
“Activity is notably higher than earlier this year as prices have moder...Birmingham Business Journal at Tuesday, July 29, 2014 6:54:00 AM
HealthSouth eyes growth after strong 2Q
HealthSouth Corp. posted an $81.6 million profit for the second quarter, beating analysts expectations.
The Birmingham owner and operator of inpatient rehabilitation hospitals posted net operating revenue of $604.4 million, which was up from $564.5 million a year ago.
Its $81.6 million in net income available to common HealthSouth shareholders was down from $159.4 million a year ago because the company posted an $86.5 million, one-time tax benefit during the second quarter of 2013.
St...Birmingham Business Journal at Monday, July 28, 2014 5:10:00 PM
PSC approves Alagasco sale to Laclede
The Laclede Group Inc. has crossed a major regulatory hurdle in its bid to purchase Birmingham's Alagasco from Energen Corp.
Last week, the Alabama Public Service Commission gave the transaction approval, moving the company one step closer to acquiring Alabama's largest natural gas utility company.
St. Louis-based Laclede raised around $600 million through the issuance of 10.35 million shares of stock and 2.8 million equity units for the purchase. The St. Louis Business Journal first rep...Birmingham Business Journal at Monday, July 28, 2014 4:57:00 PM
Man found dead in Dreamcakes truck that had been reported missing
No foul play is suspected in the case of a man who was found dead Sunday evening inside of a Dreamcakes food truck.
According to the company's Facebook page, a heart attack is suspected as a possible cause of death of Shane Caldwell, 40, who was a driver for the popular food truck and cupcake company.
Dreamcakes had previously said on social media that the truck was missing and had encouraged its followers to help track it down.
Shortly after their plea, the truck was found in Homewood...Birmingham Business Journal at Monday, July 28, 2014 4:33:00 PM
After decade of change, where does Birmingham rank as a banking hub?
The growth of Birmingham banks, specifically Regions Bank, has helped the area maintain its status as a banking hub despite a decade of significant change for its bank scene.
The Birmingham-Hoover metro area now ranks as the 12th largest banking center by assets in the nation.
That’s according to first-quarter data compiled by Bancography, using the total assets of bank subsidiaries headquartered in the market.
Local banks reported a combined $245.7 billion in total assets as of Mar...Birmingham Business Journal at Monday, July 28, 2014 3:04:00 PM
Meet the Most Influential: Southpace's John Lauriello
Editor's Note: In the July 11 issue, the Birmingham Business Journal unveiled its list of Birmingham's Most Influential Executives for 2014. Throughout this week, we'll be introducing you to several executives on the List. Click here to see the full List.
It's hard to imagine Southpace Properties Principal John Lauriello as a long-haired bartender, who only missed the Woodstock music festival in 1969 because he had to turn around in the heavy traffic.
A product of the 1960s, Lauriello’s ...Birmingham Business Journal at Monday, July 28, 2014 2:57:00 PM
Ride or die: Uber says Tuesday vote will decide its future in Bham
The Birmingham City Council will vote Tuesday on proposed revisions to its transportation ordinance that could allow ridesharing services like Uber to operate in the Magic City.
The council was scheduled to decide on the revisions last week, but postponed their ruling because of a social media campaign launched by Uber that claimed the revisions would prevent it from operating in the city.
Uber told AL.com that if the revisions pass as written, the popular service will likely give up on...Birmingham Business Journal at Monday, July 28, 2014 2:45:00 PM
Alabama execs still confident, job growth outlook highest since 2006
Alabama business leaders are still confident heading into the third quarter, but their optimism isn't picking up steam.
That's according to the newest Alabama Business Confidence Index from the Center for Business and Economic Research at the University of Alabama.
The overall score for the index dipped 0.1 points to 55.5. Any score above 50 represents a growth outlook. The third quarter score is higher than the overall score from a year ago of 52.9.
The state's hiring index is also a...Birmingham Business Journal at Monday, July 28, 2014 2:24:00 PM
Johnston Barton seeks to dismiss involuntary bankruptcy petition
The attorney for the dissolved Johnston Barton Proctor & Rose LLP has filed a motion to dismiss the involuntary Chapter 7 bankruptcy petition against the former Birmingham law firm.
As we reported earlier this month, CAPREF Brookwood Office LLC is claiming the law firm owes $2.5 million for unpaid, past-due rent and lease termination fees for its former office space in the Brookwood Center. The Dallas-based company filed its petition against Johnston Barton in late June and gave the firm th...Birmingham Business Journal at Monday, July 28, 2014 1:56:00 PM
Study: Inefficient operations cost hospitals millions in lost revenue
Hospitals lose a significant amount of revenue due to wasted time and poor communication methods according to a recent study by The Ponemon Institute that sheds light on the cost of inefficient hospital practices.
The study, sponsored by global health IT firm Imprivata, said hospitals waste on average 33 minutes during patient admissions, 40 minutes while coordinating an emergency response team and 35 minutes during patient transfers.
The cost of that wasted time is around $1.7 million...Birmingham Business Journal at Monday, July 28, 2014 1:54:00 PM
Harbert Realty hires Sharp to lead industrial push
Harbert Realty Services is trying to make a play in the industrial real estate market.
The Birmingham firm has hired Kate Sharp to lead the effort.
Sharp, a Birmingham native, was previously vice president of brokerage at Ackerman & Company's Atlanta office.
Her client base is rooted in the industrial markets of Atlanta and Savannah, covering tenant and landlord representation and build-to-suits. Sharp also formed Sharp Commercial, a firm that represented tenants throughout the South...Birmingham Business Journal at Monday, July 28, 2014 11:16:00 AM
UAB study: States with texting-while-driving laws have lower traffic fataliites
A new study by researchers at the University of Alabama at Birmingham School of Public Health suggests texting-while-driving laws are curbing traffic fatalities.
Accidents caused by distracted drivers killed 3,331 people and injured 387,000 more across the country in 2011, according to the Centers for Disease Control and Prevention. And the main cause of those distractions is a phone.
The UAB study, published in the American Journal of Public Health, said 31 percent of drivers aged 18 to...Birmingham Business Journal at Monday, July 28, 2014 10:12:00 AM
Zillow buys Trulia for $3.5 billion
Zillow Inc. has announced it will buy Trulia Inc. for $3.5 billion in an all-stock transaction.
According to a press release issued by Zillow on Monday morning, the two online real estate companies look to offer buyers, sellers, homeowners and renters key market information for free while offering real estate professionals advertising and software solutions.
The two companies will keep their signature brands, and Trulia CEO Pete Flint will remain with the company, answering to Zillow CEO...Birmingham Business Journal at Monday, July 28, 2014 9:15:00 AM
Family Dollar to be acquired by Dollar Tree for $8.5B
Family Dollar Stores Inc. (NYSE:FDO) will be acquired by Virginia-based Dollar Tree Inc. (NASDAQ:DLTR) in a deal valued at roughly $8.5 billion.
It is slated to close by early 2015.
The Florida-based discount retailer announced a definitive merger agreement that values Family Dollar at $74.50 per share. That’s a 22.8 percent premium over Family Dollar’s closing price on Friday of $60.66.
The deal values Family Dollar enterprise at approximately $9.2 billion, according to the company's...Birmingham Business Journal at Monday, July 28, 2014 7:36:00 AM
Why LinkedIn could be the next online dating site
Could LinkedIn be the place to find true love? At least one blogger at Inc. seems to think so.
Citing LinkedIn's 300 million-user network, the important information contained in individual profiles and the ability through LinkedUp to filter by age, industry and location, the Inc. piece suggests that trust plays a role: "Having even a remote connection between two users increases credibility and helps users feel safe meeting one another in the real world."
Then again, there's always the w...Birmingham Business Journal at Monday, July 28, 2014 7:33:00 AM
Apple may enter mobile wallet sector with iPhone 6 release
Apple Inc. (NASDAQ:AAPL) may launch a Google Wallet rival as early as this fall with the roll out of the expected iPhone 6 as talks heat up with firms like credit card giant Visa Inc. (NYSE:V) over a new way for consumers to buy goods in physical stores, according to tech-industry publication The Information.
The Cupertino, Calif.-based company is said to be in discussions with several banking institutions and credit-card businesses about a system that would store a user’s sensitive financ...Birmingham Business Journal at Monday, July 28, 2014 7:19:00 AM
Cobb judge approves bonds for Braves’ $622M stadium
A Cobb County Superior Court judge on Friday approved the process for the county to issue bonds to pay its share of the new $622 million new Atlanta Braves stadium, reports Atlanta Business Chronicle broadcast partner WXIA-TV.
Opponents say taxpayers shouldn't pay for the stadium. They are expected to appeal the judge’s ruling, the station says.
Birmingham's Brasfield & Gorrie is leading the team of four contractors, American Builders, in the construction of the stadium.
The Braves sa...Birmingham Business Journal at Monday, July 28, 2014 7:16:00 AM
Florence to lose 200 jobs when office supply manufacturer closes
An office furniture store in Florence is cutting 200 jobs when it closes next summer.
AL.com is reporting izzy+ will close its manufacturing operation in Florence and work at the Northwest Alabama production plant will be shifted to existing facilities in Indiana, Michigan and select suppliers.
Kevin Kuske, president and CEO of izzy+, said on AL.com that the company is consolidating over the next year to make the company more “nimble and focused.”
"This requires a careful consolidatio...Birmingham Business Journal at Monday, July 28, 2014 7:12:00 AM
Housing market 'weak' but Birmingham is not alone
The housing market for Birmingham and the state of Alabama are considered weak, according to Freddie Mac's Multi-Indicator Market Index, released this week.
The status, however, is not too different than most of the other 50 metros and states surveyed in the report.
Birmingham ranked No. 34 among the 50 metros with a market index of -3.31, staying relatively the same over the past year.
Alabama ranked No. 39 among the 50 states and the District of Columbia with an index of -2.87.
A...Birmingham Business Journal at Monday, July 28, 2014 6:59:00 AM
Under Armour is following its customers to the Southeast
Under Armour Inc. follows its customers when it looks to set up its next shop.
The Baltimore sportswear maker is preparing to choose one of three cities in the Southeast for its next distribution center. Under Armour's chief financial officer, Brad Dickerson, said the company chose that region because that's where its wholesale and individual customers are. The company worked with a third-party firm to determine where it would make the most sense to open another distribution center.
“It...Birmingham Business Journal at Monday, July 28, 2014 6:50:00 AM
Students Discover Birmingham by Writing About It
By Susannah Felts • Photos by Steve Wood The city of Birmingham is an open book for students in one UAB English course. It serves as both subject and setting for their work, which hones their skills for writing about place for different public and academic audiences. And they quickly find that Birmingham’s story has plenty of blank pages for them to fill.UAB Magazine at Monday, July 21, 2014 11:07:00 AM
Garden of Ideas
Garden of Ideas
UAB Becomes a Creative Proving Ground for Sustainability
By Charles Buchanan Julie Price, Ph.D., will admit that her mind has been in the gutter lately. She’s figuring out how to funnel the abundant rain that falls upon UAB and repurpose it for watering campus green spaces. “It doesn’t make sense to spend time and money to clean water for drinking and then throw it out on the lawn,” says Price (pictured above), appointed UAB’s inaugural sustainability coor...UAB Magazine at Monday, July 07, 2014 3:30:32 PM
Interstate 65 north: Crash blocks lanes near Green Springs Avenue
Reports are the two left lanes are blocked.
ALDOT camera image of I-65 at Oxmoor Road at 6:54 a.m. Monday, June 30, 2014. Northbound lanes are stalled. Authorities are on the scene of a major crash at Green Springs Avenue.
BIRMINGHAM, Alabama -- Authorities are on the scene of a multiple-vehicle crash along Interstate 65 northbound at Green Springs.
6:56 a.m.: All lanes of I-65 northbound are blocked at the moment th...Birmingham News/AL.com at Monday, June 30, 2014 6:44:44 AM
Interstate 20/59: ALDOT to begin median barrier installation Monday
Barriers will go in an area where two fatal median crossover crashes have happened this year.
BIRMINGHAM, Alabama -- The Alabama Department of Transportation plans to begin a project Monday night to extend the concrete median barrier and add cable rail barriers along Interstate 20/59 west of downtown.
The area has been the scene of two fatal median crossover crashes this year.
The most recent wreck occurred May 29 when a wes...Birmingham News/AL.com at Friday, June 27, 2014 5:57:31 PM
Interstate 20 west: Truck overturns, spills lumber
As of 11 a.m., one lane is open along the I-20 westbound ramp to I-59 south.
BIRMINGHAM, Alabama -- An 18-wheeler overturned along the Interstate 20 westbound ramp to Interstate 59 Friday morning, spilling lumber and closing the ramp for a few hours.
10:58 a.m.: The left lane is now open along the ramp to Interstate 59, according to police.
10:37 a.m.: The truck is upright. Cleanup and removal continues.
8:32 a.m.: Pol...Birmingham News/AL.com at Friday, June 27, 2014 8:11:35 AM
Interstate 65 south: Crash blocks right lane near Fultondale
FULTONDALE, Alabama -- A crash along Interstate 65 southbound near the U.S. 31 interchange stalled inbound traffic Friday morning. 9:34 a.m.: Delays are easing. 9:12 a.m.: Heavy delays continue through the Interstate 22 construction zone, though speeds have increased slightly. 8:01 a.m.: The crash is blocking the right lane. Details on the crash weren't immediately available. Drivers report heavy...
FULTONDALE, Alabama -- A crash along Inter...Birmingham News/AL.com at Friday, June 27, 2014 8:03:16 AM
UAB Game Turns Smartphones Into Teaching Tools for Doctors
Story and Video by Matt Windsor • Photo by Steve Wood The day after returning home from a Key West vacation, a 25-year-old man develops malaise, fever, and a headache. The day after that, he comes down with a rash. Which of the following is the most likely diagnosis: enterovirus? measles? rubella? dengue? Rocky Mountain spotted fever? After they graduate from medical school, new doctors spend the next several years patr...UAB Magazine at Tuesday, June 24, 2014 10:09:52 AM
Building the Car of Tomorrow
Building the Car of Tomorrow
Mechatronics and the Future of the Auto Industry
By Todd Dills Alabama has become an unlikely leader in the automotive industry, with manufacturing plants from Mercedes, Honda, and Hyundai producing the latest SUVs, minivans, and sedans. Meanwhile, at the UAB School of Engineering, Vladimir Vantsevich, Ph.D., Sc.D., and his students are working on the next generation of vehicles.UAB Magazine at Thursday, June 12, 2014 3:00:00 AM
Alabama appeals court: U.S. Supreme Court ruling on juvenile killers not retroactive for Birmingham
Brando Foster's attorney last year filed an appeal asking that he be re-sentenced with the hope of eventually getting his freedom due to a 2012 ruling by the U.S. Supreme Court that automatic life without parole sentences for juveniles are unconstitutional. The Alabama Court of Criminal Appeals today, however, ruled the U.S. Supreme Court is not retroactive for older cases.
Alabama Court of Criminal Appeals rules U.S. Sup...Birmingham News/AL.com at Friday, June 06, 2014 5:42:41 PM
Birmingham Mayor William Bell in France, will participate in D-Day commemoration
Mayor William Bell in recent years has become a frequent international traveler, including stops in China, Saudi Arabia and Japan.
Birmingham Mayor William Bell (Joe Songer/AL.com)
BIRMINGHAM, Alabama --Mayor William Bell Friday will be in Normandy, France to participate in the 70th anniversary of D-Day and the Battle of Normandy.
Bell is expected to be among a delegation that includes President Obama, French Presid...Birmingham News/AL.com at Thursday, June 05, 2014 8:58:30 AM